Pinnacle Bank – Lexington, NC (E Center St)
115 East Center Street, Lexington, NC, 27292, US
5 612 000 $ | 772 mètres carrés
Descriptif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Pinnacle Financial Partners located at 1813 Westchester Drive
in High Point, North Carolina (“Property” or “Asset”). Pinnacle is operating on 15-year absolute NNN lease with ±12.3 years of primary lease term remaining, 1.9% annual rent escalations, two, five-year renewal options and zero landlord responsibilities.
Located in northern High Point, the Property is 16 miles from both downtown Greensboro and downtown Winston-Salem in the Piedmont Triad Region. Pinnacle is positioned along Westchester Road, on the signalized intersection with English Road and just north of Interstate 85, providing direct accessibility to more than 50,000 vehicles per day.
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Attributs
Prix demandé
2 179 000 $
Taux de capitalisation
6 %
RNI
131 000 $
WAULT
12.3 années
Superficie du bâtiment nette
301 mètres carrés
Superficie du terrain brute
0 mètres carrés
Média
Points forts de l'investissement
- Operating on an absolute NNN lease with ±12.5 years of lease term remaining and 1.9% annual rent escalations
- Pinnacle Financial Partners is the 2nd largest bank holding company in TN with an investment grade rating (Moody's: Baa2)
- 4 miles from High Point University (#1 Regional College in South)
- $79M in deposits secured in 2024
- Signalized intersection with direct visibility to 50,000 VPD
- Palladium South, a 36-acre, multi-million-dollar mixed-use development set to open in 2026
- 25,000+ projected population growth in High Point by 2045
Contactez les courtiers
Pinnacle Bank – High Point, NC (Westchester Dr) (0 Propriétés)
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Dernière mise à jour
22 sept. 2025
